It is the second day of U.S. Secretary of Commerce Penny
Pritzker’s five-day business development mission to Mexico, and she has already
met with several of her Mexican counterparts to discuss the countries’
bilateral commercial relationship and opportunities for U.S. businesses.

On Monday evening, Secretary Pritzker talked with Luis
Videgaray, Secretary of Finance, about increasing efficiency at the border.
Secretary Pritzker and Secretary Videgaray have met four times, including in
September at the High-Level Economic Dialogue (HLED) in Mexico City.

On Tuesday, Secretary Pritzker met with three more
Mexican leaders to discuss trade and investment between the United States and
Mexico. In the morning, she sat down with Ildefonso Guajardo Villarreal,
Secretary of Economy. Their conversation also focused on the progress of the
HLED and the need to continue to do more to incorporate stakeholder input and
regularly monitor progress. Before their meeting ended, Secretary Guajardo lead
Secretary Pritzker on a quick tour of the “NAFTA at 20” exhibit, in celebration
of the twentieth anniversary of the implementation of the free trade agreement.
Negotiations are currently underway for the Trans Pacific Partnership (TPP),
which updates some of the provisions of NAFTA and will cover trade between the
United States, Mexico, Canada, and nine other countries in the Asia-Pacific
region.

Later that morning, Secretary Pritzker joined Under
Secretary for Communications Jose Ignacio Peralta, Under Secretary for
Infrastructure Juan Murietta, and Under Secretary for Transportation Carlos
Almada for a meeting with part of the U.S. business delegation. Under Secretary
Peralta gave the companies an overview of Mexico’s recently-passed
telecommunications reforms and shared further opportunities for U.S.
companies invest in Mexico’s
telecommunications and IT sectors.